Bourse Direct SA (BSD) — Capital Reinvestment Ratio
Bourse Direct SA (BSD) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow (€12.78 Million) in capital expenditures (€2.89 Million). See Bourse Direct SA balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Bourse Direct SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Bourse Direct SA's Capital Reinvestment Ratio across 16 annual periods. Check BSD cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Bourse Direct SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Bourse Direct SA from 2004 to 2025. For live market cap and broader valuation context, see Bourse Direct SA (BSD) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | €19.73 Million | €3.76 Million | ▼ -11.9% |
| 2024 | 0.22x | €20.78 Million | €4.50 Million | ▲ +145.0% |
| 2023 | 0.09x | €23.18 Million | €2.05 Million | ▼ -66.0% |
| 2022 | 0.26x | €12.76 Million | €3.32 Million | ▲ +104.8% |
| 2020 | 0.13x | €14.95 Million | €1.90 Million | ▼ -93.1% |
| 2019 | 1.83x | €983.62K | €1.80 Million | ▼ -81.6% |
| 2018 | 9.95x | €278.19K | €2.77 Million | ▲ +3553.7% |
| 2017 | 0.27x | €8.70 Million | €2.37 Million | ▼ -20.7% |
| 2016 | 0.34x | €2.44 Million | €837.80K | ▼ -53.6% |
| 2015 | 0.74x | €3.71 Million | €2.74 Million | ▲ +102.0% |
| 2014 | 0.37x | €6.71 Million | €2.46 Million | ▲ +0.0% |
| 2013 | 0.37x | €6.71 Million | €2.46 Million | ▲ +212.1% |
| 2007 | 0.12x | €4.64 Million | €544.00K | ▲ +21.3% |
| 2006 | 0.10x | €82.85 Million | €8.01 Million | ▼ -67.7% |
| 2005 | 0.30x | €4.13 Million | €1.24 Million | ▲ +3172.7% |
| 2004 | 0.01x | €31.36 Million | €287.00K | — |